Nearly six months after the deadline, experts say they’re not surprised many merchants have yet to implement the technology.
Few were fully EMV-ready by the Oct. 1 deadline, but conversions are expected to pick up in the next year.
Recent studies reveal the vast majority of card issuers, merchants and cardholders are not ready for EMV.
Credit unions should look at cost-benefit, risk and member impact when planning implementation.
Roughly two years after initially losing, an appeals court breathed new life into 14 credit unions’ hopes to recover some of their losses from an enormous 2008 card data breach.
Durbin Amendment proponents, opponents hail, assail this week's announcement by Fed.
Credit cards are likely going to continue their expansion among credit unions as more start to issue cards and others expand their programs.